OTE DOES NOT APPLY OFFICIALLY TO ARMENIAN GOVERNMENT ON
ISSUE OF SALE OF 90% OF ARMENTEL SHARES
07-11-2006 16:56:00 | Armenia | Economy
YEREVAN, NOVEMBER 7, NOYAN TAPAN. The Greek company OTE did
not apply officially to the Armenian government on the issue of
sale of 90% of ArmenTel shares belonging to it. The RA Prime
Minister Andranik Margarian told reporters about it on November
7. According to him, the Armenian government will state its
position only after OTE's official application.
To recap, there have been rumors that the Vympelcom company
(Russia) is going to acquire 90% of ArmenTel shares.
As regards ArmRusgazprom's General Executive Director Karen
Karapetian's statement about an increase in the gas tariff for
producers, A. Margarian noted that the government will express
its position only after a bid has been officially submitted to
the RA Public Services Regulatory Commission.
The prime minister also said that the issue of transferring
the 40-km Armenian section of the Iran-Armenia gas pipeline to
ArmRusgazprom for operation is not being discussed by the
government now.